| Initiative and Referendum |
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| Initiative and referendum are two mechanisms by which the voters of a state can directly effectuate changes in the state law. Whether a particular state has an initiative process and/or a referendum process is determined by the constitution of the state. More... |
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| The Cooperative Form of Ownership |
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| Under a cooperative form of ownership, a home buyer typically does not obtain title to a particular unit. Instead, title to all of the units in the cooperative is held by a corporation. A home buyer purchases shares of stock in the corporation. Instead of a deed, the home buyer receives a lease for the particular unit. More... |
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| Pre-Closing Occupancy |
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| In the real estate market, it is not uncommon for a buyer to ask for permission from a seller to move into a house prior to closing. It may be that the house involved in the transaction is vacant. It may also be that the buyer has sold his or her house and needs to vacate the old house prior to the closing on the new house. More... |
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| Resolution of Disputes with Interstate Household Goods Carriers |
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| When a customer contracts with a mover to transport household goods across state lines, federal law requires that the mover's contract include a provision for arbitration as a method of resolving any disputes that arise. Although the arbitration provision is required, the customer may resort to the court system and is not obligated to first go through the arbitration process. More... |
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| Contingency Clauses in Real Estate Contracts |
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| In the context of real estate transactions, buyers and sellers agree to contingencies. A contingency is a clause in a contract that allows a party to escape his or her obligations under the contract in the event that certain conditions are not met. More... |
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